Vietnam-EU trade value rises 9.05%
Thursday, 18/08/2016 21:46 (GMT+7)
The Ministry of Industry and Trade’s Europe Market Department reported that, in the first half of the year, total trade turnover between Vietnam and the EU reached USD21.2 billion, a year-on-year rise of 9.05%.
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Of this, exports from Vietnam amounted to USD16.2 billion, up 8.68% from a year earlier, while imports to the country were valued over USD4.97 billion, up 10.28% compared to the same period last year.
Vietnam mainly shipped its traditional commodities such as garments and textiles, footwear of all kinds, coffee, seafood and computers to the EU.
In spite of being exported since 2011, the export value of telephones of all kinds and components posted over USD9.7 billion. The commodities group made up about 75% of Vietnam’s total export turnover to the market.
In addition, some other commodities with average turnover still maintained even growth rate from 5-10% a year, such as products from plastic, wood and wooden products, handbag-suitcase-umbrella, pepper and cashew.
In the six months, Vietnam imported commodities from most member countries of the EU, mainly products which are not produced domestically or those which cannot meet the demand, such as machinery-equipment-devices, pharmaceutical products, milk and products from milk./.
BTA
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